What is “Quick Exchange”?
Launched by BitMart, Quick Exchange is a fiat channel that enables users to buy Bitcoin and Ethereum directly through USD cash. It supports electronic payments via bank transfers with more than 2,500 banking institutions across the United States. “Quick Exchange” currently offers zero fees for deposits and withdrawals, and once a fast verification process is completed, transactions can be initiated within a single click, enabling buying and selling to be done within seconds.
How to buy coins via “Quick Exchange”?
Step 1. Go to Quick Exchange
- Go to BitMart Quick Exchange via https://www.bitmart.com/quick-exchange, or copy and paste the URL into your website browser. Or,
- Go to www.bitmart.com, click the “Quick Exchange” tab at the top left corner.
Step 2. Complete the Identity Authentication
Please Note: All the personal information you provided will only be used to authenticate your identity in Quick Exchange. None of your personal information will be shared with any third parties, including individual, third party platform, and BitMart staff.
To start your Identity Authentication, click “Authenticate”.
After clicking “Authenticate”, you will be asked to fill out all the personal information including your name, date of birth, gender, phone number, email address, and profession.
Click “Next”, then you will be asked to provide your address, SSN, and upload a government-issued photo ID before you submitting your identity authentication. Click “Done” and wait for the approval confirmation.
After that, you will have to wait up to a few minutes before your Identity Authentication gets approved.
If you still have any difficulties completing your Identity Authentication, please find more instructions here: Identity Verification.
Step 3. Check if Your Identification Authentication Gets Approved
Refresh the web page to see if you have access to the following web page, which means that your Identification Authentication gets approved and you are now all set to start buying coins!
Step 4. Deposit Cash to Your USD Wallet
You can see your current available balance in USD. If you do not have sufficient balance, click “Deposit USD” to deposit cash into your USD wallet.
You will be directed to your assets web page, find USD (USD) then click “Deposit”.
You can choose “Bank Transfer” or “Wire Transfer” to deposit your cash from a bank account into your USD wallet. Follow the instructions on the web page to add your bank info with account number & ABA/Routing number. The lead time could take up to 3 business days for the money to arrive in your USD wallet. (We are aiming to an immediate transfer service in the near future)
You will be able to check your available USD balance after the deposit is completely processed. Then, it’s time to initiate a transaction!
For more information about the deposit, please check Deposit & Withdrawal.
Step 5. Buy Coins
After having sufficient balance in your USD wallet, go back to the Quick Exchange web page. Choose the coin you want to buy (BTC or ETH), type in the amount of USD you want to spend or the amount of BTC/ETH you want to buy. Then click “Preview Purchase”.
You will be asked to review your order, click “Place Order” if you are satisfied with all the information.
After placing your order, please allow up to a few minutes before your BTC/ETH appears on your BitMart account. This is the completion of your order!
Thank you for choosing BitMart Quick Exchange and we hope that you enjoy your trading with BitMart!